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New firm number down, registered capital up in two months The numbers of newly businesses declined in both February and the first two months of 2019, but their average registered capital increased The numbers of newly founded businesses declined in both February and the first two months of 2019, but the average registered capital per firm increased, according to the General Statistics Office (GSO). In February, 5,900 new companies were set up with total registered capital of 96.3 trillion VND (4.13 billion USD), the GSO said, attributing the month-on-month decrease of 41.5 percent in number of firms partly to the week-long Lunar New Year holiday in February. However, the registered capital of each firm rose 8.8 percent on average to 16.3 billion VND. Almost 15,980 new businesses were founded in the first two months with combined capital of 247.4 trillion VND. The respective figures dropped 14.6 percent and rose 25.4 percent from a year earlier. Including the 531.2 trillion VND … [Read more...] about BUSINESS IN BRIEF 2/3

Choosing a destination can be a difficult decision when you’re looking to maximize your travel budget. By choosing a destination with a favorable exchange rate and strong U.S. dollar, you can make the most of every penny spent in 2019. Travelers looking to stretch the U.S. dollar this year should consider Latin America and parts of Africa and Asia. Projected prices for Latin America and Africa are expected to decrease by two percent for air travel and about 1.4 percent for hotel costs in 2019, according to the Global Travel Forecast. Related: Top Travel Destinations for 2019 Whether you’re on a tight budget or looking for luxury without the high price tag, these undervalued currencies and decreasing foreign exchange rates should be on your radar. Check out the destinations where the dollar is strongest in 2019. Argentina Whether you want colonial cities, glaciers, mountains, waterfalls, wine country or wildlife, the greenback will take you far in Argentina. The … [Read more...] about 9 Countries Where the U.S. Dollar Is Strongest in 2019